1993 – AV ENGINEERING, a.s. founded1995 – Start of R&D1996 – Technical Calculations division founded2001 – We deepen our expertise in the area of CAE analyses and simulations2003 – We expand our activities to include construction of assembly lines, manipulators, and measurement and verification devices2004 – The spectrum of analyses and simulations we offer expands to include CFD analyses2005 – AV ENGINEERING is most successful Value Added Reseller for PTC®2006 – Product line expanded to include Windchill® system from PTC®2007 – AV ENGINEERING implements project management as a standard tool in managing R&D orders2008 - Operational checks, measurement, and testing become natural parts of our development services portfolio2009 – AV ENGINEERING joins ACRI2010 – Portfolio expanded to include creation of electronic catalogs and guides2011 – A project designing a new locomotive for CZ LOKO2012 – AV ENGINEERING is Windchill® Preferred Partner for PTC®2013 – The company celebrates 20 years on the market2014 – AV ENGINEERING participates in the international implementation of the Windchill® PLM system2015 – AV ENGINEERING is the first Czech company to use Multsine method in accelerated product lifecycle testing

Notification of organisational changes

Dear business partners,

We would like to inform you of forthcoming organisational changes within our company, which will be gradually implemented with an anticipated completion date of 01/01/2017.

The essence of these changes is the transfer of activities in the field of research and development services (R&D) from the company AV ENGINEERING, a.s. to the new subsidiary, AV R&D, Ltd., with the aim of exploiting the full development potential of these activities while also taking advantage of the synergies within the group of affiliated companies.

The new company will take over the full range of activities, intentions and know-how of AV ENGINEERING, a.s. in the provision of design and development services (business, trade and research and development) and will smoothly continue and fulfil existing business objectives within the AV ENGINEERING, a.s. group.

Employees of AV ENGINEERING, a.s. assigned to the division dealing with the provision of research and development services will be transferred to the new company AV R&D, Ltd. The new company will be prepared to take over the performance of existing contracts in the area of research and development services under unchanged conditions and with unchanged deadlines. We will contact you in this regard shortly.

The current director of the R&D division of AV ENGINEERING, a.s., Mr. Jaroslav Malý, will take on the role of CEO of AV R&D, Ltd.

We kindly request that you enter the following identification details of the new company AV R&D, Ltd. into your information systems: